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NZ won’t join an ‘Opec’ for milk producers - Fonterra

Posted on 26 October 2010

From Nbr.co.nz: The world’s biggest dairy exporter, Fonterra, says it wouldn’t consider the kind of Opec-style industry grouping which the Irish Dairy Board has been urged to set up globally to represent milk producers.
“Cartels are illegal - we cannot co-operate with other sellers on price,” said a spokesman for Fonterra, which sells nearly 40 percent of the world’s internationally-traded milk……………………………………….Full Article: Source


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